Asante Gold announces that the second phase of its initial 5,000 metre diamond drill program on the Fahiakoba concession in Ghana, West Africa will commence at the end of August. A total of 2,500 metres of drilling in 12 holes is expected to be completed. Drilling will target strike extensions to the recently announced gold discoveries and new targets generated from the completion of ~1,200 auger soil geochemical sample [...]
Asante Gold announces that Douglas MacQuarrie, directly and indirectly has acquired 642,500 common shares through the facilities of the TSX Venture Exchange at prices ranging from $0.175 to $0.50 per share. The shares were purchased for investment purposes. Following the above-mentioned transactions, Douglas MacQuarrie beneficially owns, directly or indirectly, 3,452,500 common shares; 1,250,000 share purchase warrants [...]
Asante Gold has received the balance of drill assays from the first phase of its maiden drill program on the Fahiakoba concession in Ghana, West Africa. Drilling has confirmed the discovery of narrow zones of gold mineralization in 3 of the 14 initial widely spaced drill holes targeting just 1.5 km of the over 20.0 km of favourable shear zones that have been outlined on the concession. These discoveries are generally [...]
Asante is pleased to announce that drilling to test widely spaced geophysical targets on the Fahiakoba concession in Ghana has confirmed the presence of anomalous to highly anomalous gold mineralization. These targets are generally on strike with mineralization noted at Perseus Mining's Edikan mine, which is adjacent and to the southwest of the concession. Partial results from 4 of the 14 diamond drill holes (2,437 [...]
Asante Gold is pleased to announce the appointment of W. E. Jonah and Alan McKerron, consultants, to its Advisory Board, effective immediately. Mr. Jonah, LLB/BA (Hons), also known as Nana Prah Agyensaim VI, was born in Obuasi, Ghana. He is a Graduate of Metropolitan University of City of London and holds LLB/BA (Hons) in Business Law, a Barrister-at-Law and Solicitor of the Supreme Court of the Republic of Ghana. He is a [...]
Douglas MacQuarrie, president, announces that drilling has commenced on the Company's flagship Fahiakoba property in Ghana. The program consists of 5,000 metres of diamond drilling designed to test major structures to the northeast of Perseus' Edikan mine. The structures are in alluvial covered areas and have been outlined by geophysical surveys.
Asante Gold is pleased to announce that it has completed its initial public offering through its agent, Canaccord Genuity. The Offering consisted of 4,000,000 units at a price of $0.50 per unit for gross proceeds of $2,000,000. Each unit comprised one common share and one-half of one transferable common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share until [...]
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